2026-01-18 19:44:09

A stark reminder of what's been unfolding in the market lately.

$SENT has taken quite a hit—down 28% as the reality sets in. The numbers tell the story: 34.35B total supply, trading at $0.023, with an FDV hovering around $790M. That's a brutal 70% drop from where it debuted at a $2.5B valuation.

This raises a question worth asking: Should projects really be putting this much supply into exchange launchpad channels? When massive token allocations hit liquid markets immediately through high-profile listings, it creates a dynamic that doesn't always work in the project's favor. The initial valuation disconnect often leads to exactly what we're seeing now—a cascading sell-off as early allocations unwind.

It's a pattern we've seen repeat. Projects getting caught between the hype of platform backing and the harsh mechanics of token economics. Worth thinking about the next time a new listing gets announced.

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GetRichLeek

· 01-21 17:50

It's the same old trick, a classic case of launchpad directly crashing the market. It should have been obvious long ago.

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NFTPessimist

· 01-20 18:07

It's the same old trick, as soon as the launchpad launches, it dumps... should have seen it coming.

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GasBandit

· 01-20 17:06

Another project that got exploited by exchanges, $SENT this time is really unfortunate.

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VitaliksTwin

· 01-20 14:19

Same old story, exchanges list and then manipulate the market to trap retail investors. This time SENT dropped by 70% directly, truly unbelievable.

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All-InQueen

· 01-18 20:12

Here we go again, no one can escape this routine of the exchange's initial listing... 34B supply directly dumped, the valuation dropping from 2.5 billion to 790 million, this is the reality, right?

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LiquidityLarry

· 01-18 20:08

It's the same old trick again—launchpad goes live and dumps the price. It never ends.

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BearMarketSurvivor

· 01-18 20:03

Old tricks again, even with a 70% drop, are people still willing to buy in? With such a large supply, directly dumping on the exchange is just paving the way for early chips to escape.

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MetaverseHobo

· 01-18 20:03

Another case of valuation collapse, with the launchpad directly sending the project to the coffin.

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MetamaskMechanic

· 01-18 19:52

Here we go again, the old tricks of the crypto world... Listing at the peak, then continuously breaking below the offering price.

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SleepyValidator

· 01-18 19:47

ngl this is textbook-level rug design... The people at the launchpad really messed up the tokenomics.